Tuesday, June 17, 2014

The Benefits of Trading Up

There are many great Orange County area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (714) 335-0844 for a FREE home buying or selling consultation to answer any of your real estate questions.

The Benefits of Trading Up
I want to talk to you about a subject that  I am very passionate about. I want to discuss trade up purchases. We specialize in these types of property sales at Frank Del Rio and Associates, and there are many benefits of trading up that you need to know about.

"Trading Up" refers to selling your existing property in order to purchase a more expensive property. This has become a common trend with our clients for a couple of different reasons:

  • Our clients want to lock in the mortgage rates on a more expensive home. Mortgage rates are at an all-time low and locking in these rates now is a wise investment. 
  • Trading up also locks in any future appreciation that a home may have. The more expensive a home is, the more it will appreciate in value over time.
 There are a couple different ways that you can trade up: 
  •  You could sell your existing home first and then purchase a new one.
  •  You could purchase the new home first and sell your old home at a later date
Whichever method you prefer, I am more than willing to aid you with expert guidance and advice throughout the entire process, ensuring that you make a sound decision with the best results possible.

If you have any questions about how to price your property, then please don't hesitate to contact me. You can reach me via phone or email and I would be more than happy to share some advice with you.